Innovation Proposal definition

Innovation Proposal has the meaning set out in Schedule 6 [Changes, Minor Works and Innovation Proposals];
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Innovation Proposal has the meaning given in Section 6.1 [Innovation and Value Engineering] of Schedule 13 [Changes].
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Innovation Proposal has the meaning given in Section 37.2(b) of the Project Agreement.
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Examples of Innovation Proposal in a sentence

  • Notwithstanding any potential cost savings, efficiencies or other benefits of an Innovation Proposal, the City is under no obligation to accept an Innovation Proposal and may, in its discretion, elect not to accept or implement any Innovation Proposal.

  • Project Co may submit an Innovation Proposal for consideration by the Authority in accordance with Schedule 6 [Changes, Minor Works and Innovation Proposals].

  • An Innovation Proposal that is Accepted by the City shall be implemented as a Change and Design-Builder shall not implement an Innovation Proposal prior to the issuance of a Change Order Confirmation.

  • Prior to the development of an Innovation Proposal, Design-Builder may, at its option, prepare and submit to the City preliminary information with respect to a potential Innovation Proposal.

  • Except as specifically provided in this Agreement, the City bears no risk or liability whatsoever arising from any Change or Innovation Proposal, other than the liability to make payment in connection therewith.


More Definitions of Innovation Proposal

Innovation Proposal means a proposal for efficiencies, delivery or cost savings issued in accordance with clause 14; “Innovation Saving” means the saving (if any) which would be made from the Whole Life Cost calculated in accordance with the procedure described in clause 14.2 or otherwise (if no such procedure is included) as the Contract Manager shall direct;
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Innovation Proposal means an innovation or value engineering proposal, with respect to the Project, which is at any time originated or initiated by either the Operator or the Province before the end of the Term and which is developed by the Operator.
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Innovation Proposal means an innovation or value engineering proposal, with respect to the Project, which is at any time originated or initiated by either the Operator or the Province before the end of the Term and which is developed by the Operator.
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Related to Innovation Proposal

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).

  • Competing Proposal means a proposal, offer or invitation to the Company, any Party or any of a Party’s Affiliates (other than the Proposal), that involves the acquisition of Control of the Target, a sale of all or a substantial part of the assets of the Target, a restructuring or recapitalization of the Target, or some other transaction that would adversely affect, prevent or materially reduce the likelihood of the consummation of the Transaction with the Parties.

  • Alternative Proposal has the meaning set forth in Section 6.2(b).

  • Integration Proponent means in relation to an Integration Agreement, “the Company” or “the Joint Venturers” as the case may be as defined in, and for the purpose of, that Integration Agreement;

  • Superior Proposal has the meaning set forth in Section 5.09(a).

  • Technical Proposal means the Contractor’s Technical Proposal dated. (Technical Proposal date), as modified and supplemented by the Contractor’s responses to requests clarifications and requests for cure, and by any Best and Final Offer.

  • Responsive Proposal means a Proposal that complies with the material provisions of this RFP.

  • Company Superior Proposal shall have the meaning set forth in Section 7.4(b).

  • Company Acquisition Proposal means, other than the transactions contemplated by this Agreement, a tender or exchange offer to acquire 25% or more of the voting power in the Company or any of its Subsidiaries, a proposal for a merger, consolidation or other business combination involving the Company or any of its Subsidiaries or any other proposal or offer to acquire in any manner 25% or more of the voting power in, or 25% or more of the business, assets or deposits of, the Company or any of its Subsidiaries .

  • Proposal means the Technical Proposal and the Financial Proposal of the Consultant.

  • Takeover Proposal means any offer or proposal for, or any indication of interest in, a merger or other business combination involving Target or the acquisition of any significant equity interest in, or a significant portion of the assets of, Target, other than the transactions contemplated by this Agreement.

  • Unsolicited proposal means a written proposal for a public-private initiative that is submitted by a private entity for the purpose of entering into an agreement with the department but that is not in response to a formal solicitation or request issued by the department.

  • Bid Proposal or “Proposal” means the bidder’s proposal submitted in response to the RFP.

  • Project Proposal has the meaning set forth in Section 2.2(b).

  • Parent Superior Proposal shall have the meaning set forth in Section 7.4(g).

  • Financial Proposal means the Contractor’s Financial Proposal dated (Financial Proposal date).

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 30% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 30% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Eligible Proposal means a Proposal that meets or exceeds the prescribed requirement, proceeding to the next stage of evaluation;

  • Parent Acquisition Proposal means any offer, proposal or inquiry (other than an offer or proposal by the Company) contemplating or otherwise relating to any Parent Acquisition Transaction. PARENT ACQUISITION TRANSACTION. "Parent Acquisition Transaction" with respect to Parent shall mean any transaction or series of transactions involving: